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- With limited success in commercializing its Web site or containing its growing costs, YouTube began looking for a buyer. In 2005 the American search engine company Google Inc. had launched a video service, Google Video, but it failed to generate much traffic, and Google was prompted to purchase YouTube for $1.65 billion in stock in November 2006.
www.britannica.com/topic/YouTube
Sep 2, 2021 · Key Takeaways. Google purchased YouTube for $1.65 billion nearly 15 years ago. It has been a tremendous success for parent company Alphabet, now contributing nearly 11% to overall revenue....
Jun 1, 2020 · YouTube's sale to Google for $1.65 billion in October 2006 altered the course of Silicon Valley history. In honor of YouTube's 15th anniversary, Business Insider spoke with early employees,...
- Henry Blodget
Google bought the site in November 2006 for US$1.65 billion, since which it operates as one of Google's subsidiaries. YouTube allows users to upload videos, view them, rate them with likes and dislikes, share them, add videos to playlists, report, make comments on videos, and subscribe to other users.
Oct 9, 2006 · Internet search leader Google Inc. made a giant leap Monday into the burgeoning online video industry by snatching up YouTube Inc. for $1.65 billion US.
Oct 10, 2016 · Ringer illustration. Ten years ago this week, Google bought YouTube for $1.65 billion. That figure seems quaint now (it equates to WhatsApp being worth about 13 YouTubes) but at the time it was...
- Victor Luckerson
Oct 9, 2006 · Internet search leader Google is snapping up YouTube for $1.65 billion, brushing aside copyright concerns to seize a starring role in the online video revolution.
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In 2006, Google acquired YouTube for a whopping $1.65 billion, forever changing the online video landscape.
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- JMA